Our theme this month is Thinking Big About Money, and I’m thrilled to be interviewing international speaker and author, Maddy Dychtwald of Age Wave, about a year-long study she and her organization conducted with Merrill Lynch on women and money. The results have been published in a 28-page report called, Women & Financial Wellness: Beyond the Bottom Line. Maddy and I will be exploring the results of this ground-breaking report on Smart Women Talk Radio, Tuesday, June 12.
Don’t miss Maddy’s article, Why Women Feel They Will Run Out of Money. It includes some information that may astound you. Because of our responsibilities and choices we make as women, many of us end up earning $1,000,000 less than men during our lifetime. Maddy is a returning guest, and we are thrilled she is joining us during this important time of women’s global empowerment.
Business expert and author, Lewis Schiff, is also returning to Smart Women Talk Radio on June 26 to share the new work he is doing with millionaires and billionaires. In his book Business Brilliant: Surprising Lessons from the Greatest Self-Made Business Icons, Lewis shatters common myths about wealth as he explains how legendary entrepreneurs such as Richard Branson, Suze Orman, Steve Jobs, and Warren Buffet have subscribed to a set of priorities that are completely different from those of the middle class. During the show, Lewis will share some of these differences and tips that you can implement immediately for your business.
Does talking about money or ways to get rich make you uncomfortable? Chances are it does, and if so, you are not alone! According the Age Wave/Merrill Lynch study mentioned above, “There is a social taboo around talking about money that adds to the lack of confidence. Sixty-one percent of women would rather talk about their own death than money. And 45% of women say they do not have a financial role model.”
This is astounding, but the good news is that women simply approach money differently than men. According to a Private Client Advisor at U.S. Trust, “Women make more values-based decisions for themselves and their families, rather than just going for the bottom line. When you bring values into the conversation, it makes all the difference.”
In my article, Use Your Past to Propel You Forward, I share my personal story and how I took adversity and turned it into abundance. There is no magic wand. However, with the right direction and support, you can take charge of your life, your finances and your happiness. Isn’t it time YOU begin to think BIG about money?
Katana Abbott, CFP® practitioner, is a Wealth Coach™, host of the Smart Women Talk Radio™, founder of the Smart Women Companies with over 1 million subscribers globally, inspirational speaker and author of several books.
She began her financial planning career in 1987 and became a Certified Financial Planner™ practitioner. In 2003, Katana created Smart Women’s Coaching® to offer financial coaching and educational workshops for women in transition who are dealing with caregiving, death of a loved one, divorce, retirement or looking to create or grow a business. She founded Smart Women’s Empowerment in 2008 to bring free financial empowerment resources and programs to women around the world through her team of Contributing Experts. To learn more about Katana Abbott visit www.katanaabbott.com.